THE FOUNDATION

EIN: 300346629 501(c)(3)

Palm Bay, FL

Total Revenue
$24,159
Total Expenses
$14,254
Total Assets
$406,402
Net Assets
$149,880
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
CO
Principal Officer
Nate Carr
Phone
3216558188
Tax Period
2023-01-01 to 2023-12-31

THE FOUNDATION, founded in 2006, is a micro nonprofit that reported $24K in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum. The organization ran a surplus of $10K, a strong 41% operating margin.

Mission

THE FOUNDATION's intrinsic purpose is to alleviate all preventable pain and suffering throughout the world and empower the disadvantaged through self-sufficiency.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $14,075
Program Service Revenue $4,800
Investment Income $5,537
Other Revenue $-253
TOTAL REVENUE $24,159

Expense Breakdown

Grants Paid $120
Salaries & Benefits $0
Fundraising Expenses $61
Program Expenses $10,353
Other Expenses $14,134
TOTAL EXPENSES $14,254

Year-over-Year Comparison

2023 2022 Change
Revenue $24,159 $19,287 +0.3%
Expenses $14,254 $35,221 -0.6%
Net Income $9,905 $-15,934 -1.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
1
Independent Members
N/A
Employees
N/A
Volunteers
1

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Nate Carr Founder 40
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $24,159 $14,254 $406,402 $9,905
2022 $19,287 $35,221 $463,161 $-15,934
2022 $-133,302 $34,270 $458,866 $-167,572
2021 $16,178 $31,227 $334,927 $-15,049
2021 $34,176 $29,629 $334,905 $4,547
2020 $377,752 $747 $377,075 $377,005
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